Update: EURUSD exceeds covering the gap
Economies.com
2015-06-29 18:09PM UTC
The EURUSD pair rallied strongly to the upside to cover the bearish gap mentioned this morning and surpasses covering this gap besides breaching 1.1165 level, as it attempts to hold above the EMA50, followed by building support base that offers positive signals to stop the negative pressure.
Therefore, we prefer staying aside now in order to monitor the daily candlestick close according to 1.1165, as holding above it will support the chances of achieving more intraday gains followed by targeting areas near 1.1440 initially.
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